PDF on 2-stage growth DCF calculation explanation

If you have been following my posts on 2-stage DCFs, you may be interested in a PDF that I have written that explains where all the formulae come from. I intend to write more in the article, but it stands alone as-is, and shows how Damodaran arrives at his 2007 valuation for 3M. You can obtain the article here:

I was thinking of creating a javascript page that does a two-stage calculation for you, so that people don’t have to fiddle around with Excel or Fortran. All in good time, though.

Have fun.

About mcturra2000

Computer programmer living in Scotland.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s